tomo logo

$499,000

Beds
2
Baths
1.0
sq ft
822

1814 Logie Avenue, Charlotte, NC 28205

1814 Logie Avenue

Charlotte, NC 28205

  • Coming soon
Rare opportunity under $500,000 in Plaza Midwood! Tons of potential on this super deep .25-acre lot for expansion or new construction options! Home was originally a 3BR but was converted to a 2BR years ago to allow for a breakfast nook and open floorplan. This home has been a rental for over 15 years and has newer roof, HVAC, and windows. Currently rented for $1,600/month on month-to month lease. Home being sold "as is, where is." Don't miss your chance to get into Midwood now!

Details

Property type

Single Family Residence

Est. home value

$434,011

Lot size

Unknown

Price per sq ft

$608

Year built

1939

Schools & Community

Neighborhood: 

Plaza Midwood

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$402,134
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$56,946
Cash to seller
$402,134

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

American Security Mortgage Corp

Loan start date

January 2017

Original loan amount

$108,000

Est. remaining balance

$56,946

Interest rate

3.25%

Loan type

New Conventional, 15 year

Seller

Jason C Murphy and Joanne M Murphy

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 01/27/2025 at 12:00 PM

Listing updated: 01/27/2025 at 5:05 AM

Listed by: Jason Murphy, Daedalus Realty LLC Phone #: (704) 890-3907

MLS: CanopyMLS #4217011

CanopyMLS logo

Recently listed in Charlotte